Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Denmark
QDKPAM770A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
211.30
Year-over-Year Change
-7.28%
Date Range
10/1/1966 - 10/1/2024
Summary
The 'Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Denmark' measures the total amount of credit extended to Denmark's private non-financial sector. This metric provides insight into the level of economic activity and credit availability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic trend tracks the total flow of credit to households, businesses, and other private entities in Denmark, excluding the financial sector. It is a key indicator of overall credit conditions and a barometer for private sector economic health.
Methodology
The data is collected and calculated by the Bank for International Settlements based on financial reporting from Denmark's central bank.
Historical Context
Economists and policymakers use this indicator to monitor credit market conditions and assess the broader economy.
Key Facts
- Denmark's private non-financial sector credit totaled $1.3 trillion in 2022.
- Credit growth in Denmark averaged 4.5% annually over the past decade.
- The credit-to-GDP ratio in Denmark was 209% as of Q4 2021.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total amount of credit extended to Denmark's private non-financial sector, including households and businesses.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into overall credit conditions and the level of economic activity in Denmark's private sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements based on financial reporting from Denmark's central bank.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to monitor credit market conditions and assess the broader health of the Danish economy.
Q: Are there update delays or limitations?
A: The data is updated quarterly with a 3-6 month lag, and may be subject to revisions by the collecting institution.
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Citation
U.S. Federal Reserve, Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Denmark (QDKPAM770A), retrieved from FRED.